This is Vancouver Why did home sales crash in 2025?
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Jan 6, 2026 In this discussion, Peter Waldkirch, a pro-housing advocate and Director of Abundant Housing Vancouver, joins Michael Geller, a former property developer and city planner, to unpack the startling 20-year low in Metro Vancouver home sales in 2025. They dissect the reasons behind buyers' hesitation, like economic uncertainty and changing market psychology. Geller emphasizes the need for family-sized units while Waldkirch calls for systemic planning reforms to alleviate the housing shortage. Both agree on the importance of pre-zoning to expedite housing approvals.
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Sales Fell Amid Uncertainty
- Metro Vancouver saw a 20-year low in home sales in 2025 despite lower prices and higher listings.
- Aaron Jasper links the slowdown to economic uncertainty and buyers pausing amid trade and job worries.
Stand Out To Sell
- Sellers must present homes well and price them competitively to get offers in a buyer's market.
- Aaron Jasper warns poor condition, pricing, or marketing will keep homes from selling quickly.
Trade Fears Hit Buyer Confidence
- Economic and geopolitical uncertainty (notably U.S. trade moves) dampened buyer confidence in 2025.
- Jasper says fading optimism about rates plus job fears left many on the sidelines.